-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SZ0ELtVHKOtWOGEB7dU5IXvXD6ZUIodNLbrE0lTciHaia+F7MQ/PpJ0It5HLan6y bKLFmezfbK20cUcL1qVcBw== 0000912057-00-010248.txt : 20000308 0000912057-00-010248.hdr.sgml : 20000308 ACCESSION NUMBER: 0000912057-00-010248 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000307 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WADDELL & REED FINANCIAL INC CENTRAL INDEX KEY: 0001052100 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 510261715 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13913 FILM NUMBER: 562969 BUSINESS ADDRESS: STREET 1: P O BOX 29217 STREET 2: 6300 LAMAR AVE CITY: OVERLAND PARK STATE: KS ZIP: 66202-4200 BUSINESS PHONE: 9132362000 MAIL ADDRESS: STREET 1: P O BOX 29217 STREET 2: 6300 LAMAR AVE CITY: OVERLAND PARK STATE: KS ZIP: 66202-4200 8-K 1 FORM 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): March 7, 2000 Commission File Number 001-13913 WADDELL & REED FINANCIAL, INC. (Exact name of registrant as specified in its charter) DELAWARE 51-0261715 (State or other (IRS Employer jurisdiction of Identification No.) incorporation) 6300 LAMAR AVENUE OVERLAND PARK, KANSAS 66202 (Address of principal executive offices) (Zip Code) (913) 236-2000 (Registrant's telephone number including area code) Not Applicable (Former name or former address, if changed since last report) Item 5. Other Events. In a press release dated March 7, 2000, Waddell & Reed Financial, Inc. announced that its Board of Directors had approved a three-for-two stock split on both its Class A and Class B common stock. The stock split will be effected as a dividend and the record date is March 17, 2000. A copy of the press release is attached hereto as an exhibit and is incorporated by reference herein. Item 7. Financial Statements and Exhibits. (c) Exhibits.
Exhibit No. Exhibit - ----------- ------- 99 Press Release of Waddell & Reed Financial, Inc. dated March 7, 2000.
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WADDELL & REED FINANCIAL, INC. By: /s/ John E. Sundeen, Jr. --------------------------------- Name: John E. Sundeen, Jr. Title: Senior Vice President and Chief Financial Officer Date: March 7, 2000 INDEX TO EXHIBITS
Exhibit No. Exhibit Page - ----------- ------- ----- 99 Press Release of Waddell & Reed Financial, Inc. dated March 7, 2000.
EX-99 2 EXHIBIT 99 EXHIBIT 99 Waddell & Reed Financial, Inc. 6300 Lamar Overland Park, Kansas 66202 - ------------------------------------------------------------------------------- NEWS RELEASE - ------------------------------------------------------------------------------- Contact: D. Tyler Towery NYSE: WDR and WDR.B (913) 236-1806 FOR IMMEDIATE RELEASE March 7, 2000 6:14 A.M. EASTERN WADDELL & REED, FINANCIAL, INC. ANNOUNCES THREE FOR TWO STOCK SPLIT OVERLAND PARK, Kan., March 7/PRNewswire/ -- Waddell & Reed Financial, Inc. today announced that its Board of Directors has approved a three-for-two stock split on both its Class A (NYSE: WDR) and Class B (NYSE: WDR.B) Common Stock. The stock split will be effected as a dividend. Holders of Class A Common Stock and Class B Common Stock as of March 17, 2000 will be entitled to one additional share for every two shares held on that record date. On April 7, 2000 Waddell & Reed's transfer agent will begin to distribute the new shares along with checks for the value of any resulting fractional shares. Management believes that over time the split will lead to a more liquid market for the Company's shares. This announcement of the three-for-two split follows Waddell & Reed's signing last week of a definitive agreement to purchase The Legend Group, a mutual fund distribution and retirement planning company serving employees of school districts and other not-for-profit organizations nationwide. At December 31, 1999, The Legend Group, based in Palm Beach Gardens, Fla. had approximately 61,000 clients with $3.1 billion in third-party mutual fund assets, primarily in retirement plans. Waddell & Reed expects that the acquisition of Legend will be modestly accretive to earnings in 2000 and increasingly so going forward. Waddell & Reed Financial, Inc., through its wholly owned subsidiaries, serves as investment advisor and exclusive underwriter and distributor for the United Group of Mutual Funds, the Waddell & Reed Funds, Inc. and the Target/United Funds, Inc. At December 31, 1999, the Company had assets under management of $37.3 billion. The statements in this release relating to matters that are not historical facts are forward-looking statements based on management's belief and assumptions using currently available information. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it cannot give any assurances that these expectations will prove to be correct. Such statements involve a number of risks and uncertainties, including, but not limited to, the ability to manage rapid growth and business diversification, risks associated with acquisitions and other risks and uncertainties detailed in the reports filed by the Company with the Securities and Exchange Commission. The Company assumes no duty to publicly update such statements. Toll Free: (800) 532-2757 Investorrelations@waddell.com ----------------------------- http://www.waddell.com -----END PRIVACY-ENHANCED MESSAGE-----